Consider the following statements:1. National Coal Index (NCI) is meant to encompass all transactions of raw coal in the Indian market.2. National Coal Index (NCI) upward movement indicates falling demand for coal.Which of the statements given above is/are correct? - Study24x7
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16 Oct 2024 11:49 AM study24x7 study24x7

Consider the following statements:
1. National Coal Index (NCI) is meant to encompass all transactions of raw coal in the Indian market.
2. National Coal Index (NCI) upward movement indicates falling demand for coal.
Which of the statements given above is/are correct?

A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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